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Broadcast

Market expansion forecast for Indian broadcast kit

India's broadcast equipment industry is to grow from nearly US$100 million in 2013 to $168 million in 2017, according to Frost & Sullivan.

In a soon to be released report, Vidya Nath, ICT Practice research director, Frost & Sullivan, says: "India is highly fragmented by content type, region and size of broadcasters. About 25% have a broadcast equipment budget of over US $160,000, while nearly 40% plan to spend less than US $41,000 this year.

"It is true that sometimes equipment purchase outlays are cyclical and typically, significant purchasing cycles are repeated every three to four years. Yet, Frost & Sullivan believes there will be little change in this trend in the short term," she adds.

The five years between 2013 and 2017 will see a compound annual growth rate (CAGR) for India's broadcast equipment market of 9%, with high definition (HD) cameras and video servers seeing a significant increase in demand, says the Growth Partnership Company.

The findings were presented at the second edition of Frost & Sullivan's Digital Media India Summit in Mumbai.

 

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